World Bank publishes an annual report that tracks parameters that measure ease of business across the globe. Here, each country is measured across ten stages:
- Starting a Business
- Construction Permits
- Getting Electricity
- Registering Property
- Getting Credit
- Protecting Minority Investors
- Paying Taxes
- Trading across Borders
- Enforcing Contracts and
- Resolving Insolvency.
Each stage could potentially have multiple sub-stages depending on the bureaucracy in a country. The data used here is compiled by the World Bank and published in October 2017.
We created a comparative tool that contrasts countries in terms of change in DTF (distance to frontier) and change in Rank (countries are assigned ranks.). These metrics are derived from the rank, DTF values in the original data. Here, a positive change in DTF (similarly, Change in Rank) suggests a friendlier business environment compared to the previous year. Here, 2017 ranks are calculated for countries based on adjusted DTF values with 2018 methodology. We observed that change in DTF is a relatively better measure than change in relative Rank to assess change in ease of business since DTF drives a country's rank.
Checkout the tool at https://gramener.com/doingbusiness2018/ (Best viewed on large screens)
What to explore
- For easier comparison across countries, we created three groups of nations: BRICS, G7 and G20. Check the Overview section.
- You can explore the distribution of countries income-wise and geographical region-wise. Use Color tabs.
- Let the tool run through the auto-play mode and observe the patterns. Use the play button.